Bedford Area Family Young Mens Christian Association is located in Bedford, VA. The organization was established in 1982. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 06/2022, Bedford Area Family Young Mens Christian Association employed 138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedford Area Family Young Mens Christian Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Bedford Area Family Young Mens Christian Association generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BEDFORD AREA FAMILY YMCA IS A VITAL COMMUNITY ORGANIZATION SERVING A LARGE AND DIVERSE POPULATION THROUGH A VARIETY OF PROGRAMS AND SERVICES. THE MISSION OF THE YMCA, TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL, IS NOT ONLY EMBRACED BY STAFF, BOARD OF DIRECTORS AND MEMBERS, BUT IS ALSO EVIDENT IN ALL PROGRAMS AND SERVICES. THE YMCA DOES NOT REFUSE MEMBERSHIPS, PROGRAMS OR SERVICES TO PEOPLE BECAUSE OF THEIR INABILITY TO PAY BUT OFFERS EVERYONE THE OPPORTUNITY TO PARTICIPATE BY GRANTING SCHOLARSHIP AND FEE REDUCTIONS BASED ON FINANCIAL NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD CARE - AS THE LARGEST CHILD CARE PROVIDER IN THE COUNTY, THE YMCA CURRENTLY PROVIDES BEFORE AND AFTER SCHOOL CHILDCARE AT SEVEN SITES AROUND THE COUNTY TO OVER 300 CHILDREN A DAY DURING THE SCHOOL YEAR AND ALL DAY CHILDCARE AT THREE SITES TO OVER 400 CHILDREN IN THE SUMMER. ALL SITES ARE LICENSED BY THE VIRGINIA DEPARTMENT OF SOCIAL SERVICES. IN CONJUNCTION WITH THESE PROGRAMS, THE YMCA OFFERS A LICENSED PRE-SCHOOL PROGRAM FOR CHILDREN AGES 2 1/2 TO 5 AND IS A CHARTER MEMBER OF THE UNITED WAY'S SUCCESS BY SIX NATIONAL INITIATIVE TO ENSURE THAT PRESCHOOL'S ARE TRULY PREPARING CHILDREN FOR KINDERGARTEN.
FITNESS - THE BEDFORD AREA FAMILY YMCA IS THE LARGEST AND MOST COMPREHENSIVE HEALTH, WELLNESS AND FITNESS FACILITY IN BEDFORD CITY AND COUNTY. WITH RECENT RENOVATIONS, THE FACILITY IS ABLE TO OFFER A COMPREHENSIVE, STATE-OF-THE-ART FACILITY THAT NOT ONLY INCLUDES PROGRAMS, EQUIPMENT AND SERVICES FOR PREVENTATIVE WELLNESS, BUT ALSO CONTINUED CHALLENGING REGIMES FOR THE PHYSICALLY FIT AND REHABILITATIVE PROGRAMS FOR THOSE RECOVERING FROM A MULTITUDE OF PHYSICAL ISSUES.
AQUATICS - IN COLLABORATION WITH BEDFORD CITY AND COUNTY, THE YMCA AQUATICS PROGRAM PROVIDES SWIMMING LESSONS TO NEARLY 1,000 YOUTH AND ADULTS EACH YEAR. THE LOCALITIES FINANCIALLY SUPPORT SWIM LESSONS FOR EVERY PERSON WHO WISHES TO LEARN HOW TO SWIM. AS THE ONLY INDOOR POOL IN THE COUNTY,THE YMCA SUPPORTS FOUR SWIM TEAMS INCLUDING ALL THREE COUNTY HIGH SCHOOLS AND THEY TEAM WHO TRAIN AND COMPETE AT THE Y. ADDITIONALLY, WELLNESS CLASSES AND AQUATIC SERVICES ARE PROVIDED FOR A VARIETY OF INDIVIDUALS WITH ARTHRITIS, PHYSICAL AND MENTAL CHALLENGES, HOME-SCHOOLED CHILDREN, REHABILITATION PATIENTS AND ATHLETES IN TRAINING.
COMMUNITY YOUTH SPORTS - THE GOAL OF THE YOUTH SPORT AND RECREATION PROGRAMS IS TO EMPHASIZE SKILL DEVELOPMENT AS WELL AS GOOD SPORTSMANSHIP, STRONG CHARACTER VALUES AND POSITIVE ADULT ROLE MODELING. THE YMCA WORKS CLOSELY WITH THE COUNTY AND CITY DEPARTMENTS OF PARKS AND RECREATION TO MAKE SURE THAT TOGETHER WE ARE MEETING THE NEEDS OF OUR ENTIRE COMMUNITY WHILE NOT DUPLICATING SERVICES TO THE DETRIMENT OF ANY OTHER PROVIDER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $27,328 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $663,448 |
All other contributions, gifts, grants, and similar amounts not included above | $372,334 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,063,110 |
Total Program Service Revenue | $1,137,017 |
Investment income | $1,309 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,257 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $17,640 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,232,489 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $153,158 |
Compensation of current officers, directors, key employees. | $50,303 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $705,902 |
Pension plan accruals and contributions | $81,364 |
Other employee benefits | $0 |
Payroll taxes | $62,628 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,626 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $28,277 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $23,384 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,429 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,560 |
Interest | $0 |
Payments to affiliates | $21,192 |
Depreciation, depletion, and amortization | $153,114 |
Insurance | $25,449 |
All other expenses | $50,984 |
Total functional expenses | $1,575,023 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,057,837 |
Savings and temporary cash investments | $83,167 |
Pledges and grants receivable | $71,540 |
Accounts receivable, net | $5,021 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,662,622 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,868 |
Total assets | $4,882,055 |
Accounts payable and accrued expenses | $33,176 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $57,419 |
Unsecured mortgages and notes payable | $174,050 |
Other liabilities | $0 |
Total liabilities | $264,645 |
Net assets without donor restrictions | $2,604,590 |
Net assets with donor restrictions | $2,012,820 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,882,055 |
Over the last fiscal year, we have identified 3 grants that Bedford Area Family Young Mens Christian Association has recieved totaling $100,731.
Awarding Organization | Amount |
---|---|
Bedford Memorial Hospital Bedford, VA PURPOSE: Campaign Project | $75,000 |
Virginia Alliance Of Ymcas Richmond, VA PURPOSE: TO ASSIST WITH YMCA POWER SCHOLARS ACADEMY | $25,711 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Organization Name | Assets | Revenue |
---|---|---|
The Young Mens Christian Association Of The Triangle Area Raleigh, NC | $262,055,739 | $17,441,506 |
Young Men Christian Association Of Western North Carolina Asheville, NC | $47,593,469 | $21,358,824 |
Ywca Usa Inc Washington, DC | $79,275,195 | $14,063,916 |
Armed Services Ymca Of The Usa Woodbridge, VA | $39,002,520 | $17,907,799 |
Young Mens Christian Association Of Metropolitan Chattanooga Chattanooga, TN | $34,204,018 | $16,284,465 |
Young Mens Christian Association Of The Virginia Peninsulas Newport News, VA | $56,223,248 | $19,873,637 |
Young Mens Christian Assoc Inc Frederick, MD | $44,705,880 | $20,146,586 |
Ymca Of Central Ky Lexington, KY | $49,423,693 | $18,002,221 |
Young Mens Christian Association Of Greensboro Inc Greensboro, NC | $52,743,738 | $17,816,771 |
Rappahannock Area Ymca Inc Fredericksburg, VA | $23,286,421 | $14,683,469 |
Young Mens Christian Association Of Virginias Blue Ridge Inc Roanoke, VA | $32,044,505 | $11,959,893 |
Young Mens Christian Association Of Southeastern North Carolina Inc Wilmington, NC | $21,830,254 | $11,301,745 |